Cdn Banks View US Deals as Too Pricey

Reuters, Lynne Olver, 20 September 2006Executives of three Canadian bank subsidiaries in the United States are cautious about further U.S. acquisitions in light of current high prices, and one said on Wednesday that a decline in transaction pricing could be a year or two away.Several of Canada's biggest banks are looking for growth in the United States to offset the smaller, mature banking market